By vanko on December 10, 2011
Invoice Finance remains a mystery to many businesses in the UK. Unfortunately, although the benefits of this solution are slowly becoming increasingly well known, Invoice Finance is still a largely undiscovered gem amongst the possible funding options available to SMEs.
Invoice finance is increasingly becoming a more popular way to fund a business as an alternative [...]
Posted in Develop Your Skill | Tagged Business, can, Finance, fund, help, how, invoice, your
By vanko on March 14, 2011
There are many questions that regularly come up when businesses are looking to raise extra capital for expanding their businesses or manage day to day cashflow. This article looks at three commonly faced issues and provides the best possible solution.
Q. My company imports garden furniture from China and India and I distribute to the UK [...]
Posted in Develop Your Skill | Tagged asked, businesses, cashflow, clinic, common, expand, Finance, invoice, questions, to, using, want, when
By vanko on July 10, 2010
Invoicing and billing is one of the most important aspect of any business irrespective of the demographic location in which it is operating. Smooth functioning of all transactions that occur in business is the critical task of the accounting department. But with most of the manually managed departments it will be quite a common thing [...]
Posted in Develop Your Skill | Tagged a, Business, great, investment, invoice, is, software, using, why
By vanko on May 28, 2010
When businessmen sell products to their customers, they issue invoices to those customers. The businessmen then receive payments after some days, normally 30 to 60 days, which is called the credit period. This blocks the business cash flow and creates problems if they have to pay their suppliers, employees or if they receive big orders [...]
Posted in Develop Your Skill | Tagged factoring, how, invoice, works
By vanko on April 26, 2010
All businesses have pending bills to pay off and hence require money on hand at all times to make different payments such as paying to suppliers, employee salaries and maybe go in for quantity purchases to get that extra discount. If your terms of credit to your customers are between 30 to 60 days and [...]
Posted in Develop Your Skill | Tagged factoring, find, for, if, invoice, it, out, works, you
By vanko on April 23, 2010
If you have a business that caters to sales on a credit basis, then you could avail of invoice factoring or invoice discounting to improve your cash flow. Factoring and discounting are both quite similar, but you can decide after looking at the following factors.
In invoice factoring, you will be selling the entire rights of [...]
Posted in Develop Your Skill | Tagged discounting, factor, invoice, vs
By vanko on March 26, 2010
According to a recent research, almost 70% of the factoring companies are still using manual systems for their invoice billing activities. It is definitely a huge surprising finding that this research has thrown up. Especially, as the IT investment is increasing at about 360% across the sectors all over the globe in the past 6 [...]
Posted in Develop Your Skill | Tagged billing, Business, for, invoice, right, software, solution, your
